Residence, Domicile and Remittance Basis Manual

Remittance Basis: Introduction to the Remittance Basis: Foreign Income and Gains: Relevant Foreign Income

Relevant foreign income (RFI) is a general collective term for income that arises from various sources outside the UK, for example: profits from a foreign property business, foreign dividends and foreign interest - refer to ITTOIA05/s830 for full list.

The most common types of RFI, which arise from a source outside the UK, include:

Trade Profits - the profits of a trade, profession or vocation carried on wholly outside the UK